Money Concepts Capital Corp Buys 19,133 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Money Concepts Capital Corp increased its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 5.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 355,590 shares of the company’s stock after purchasing an additional 19,133 shares during the quarter. Money Concepts Capital Corp owned approximately 0.08% of Schwab U.S. Mid-Cap ETF worth $11,009,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kiley Juergens Wealth Management LLC raised its position in shares of Schwab U.S. Mid-Cap ETF by 2.8% in the fourth quarter. Kiley Juergens Wealth Management LLC now owns 11,734 shares of the company’s stock valued at $353,000 after purchasing an additional 323 shares during the period. MOR Wealth Management LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 4.7% during the 1st quarter. MOR Wealth Management LLC now owns 7,857 shares of the company’s stock worth $243,000 after buying an additional 351 shares during the period. Stratos Wealth Advisors LLC grew its stake in Schwab U.S. Mid-Cap ETF by 1.6% in the 4th quarter. Stratos Wealth Advisors LLC now owns 22,874 shares of the company’s stock valued at $688,000 after buying an additional 352 shares during the last quarter. Meriwether Wealth & Planning LLC grew its stake in Schwab U.S. Mid-Cap ETF by 4.3% in the 4th quarter. Meriwether Wealth & Planning LLC now owns 8,590 shares of the company’s stock valued at $258,000 after buying an additional 355 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in Schwab U.S. Mid-Cap ETF by 0.3% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 108,666 shares of the company’s stock worth $3,364,000 after acquiring an additional 370 shares during the period.

Schwab U.S. Mid-Cap ETF Price Performance

Shares of SCHM opened at $35.82 on Friday. The company has a market capitalization of $14.90 billion, a PE ratio of 18.83 and a beta of 1.03. Schwab U.S. Mid-Cap ETF has a one year low of $27.76 and a one year high of $36.90. The company’s fifty day moving average price is $35.26 and its 200 day moving average price is $33.10.

Schwab U.S. Mid-Cap ETF Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.